RGA Reinsurance Company
Executive Director & Actuary, ALM
RGA Reinsurance Company, Chesterfield, Missouri, United States, 63005
You desire impactful work.
You're
RGA ready
RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 500 Company and listed among its World's Most Admired Companies, we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.
Position Overview
The Executive Director & Actuary, ALM will contribute to a wide range of enterprise-wide initiatives, including ALM, risk return analysis, economic and required capital, earnings volatility, and short-term financial planning. It involves extensive interaction with other RGA departments and offices to manage ALM risk, optimize the global portfolio, and deliver actionable recommendations. This is an opportunity to learn about the risk management framework and develop knowledge of the wide variety of products and markets in the global portfolio.
Responsibilities
Principal duties and responsibilities include:Provide technical expertise with respect to initiatives including ALM optimization, economic and required capital, scenario analysis, earnings volatility, and financial planningParticipate in various global risk and global project committee meetings by bringing actionable information and recommendations to drive decision makingWork to ensure that all company risks, constraints, and dimensions have been modeled in a reasonable, accurate, and repeatable manner and can support risk return tradeoff analyses, risk management policies, and informed decision making.Aid business segments with respect to validating and managing their ALM data, models, and metricsWork to enhance the Company's ALM projection, optimization, and analysis infrastructureDevelop and execute project plans to meet department goalsContribute to special projects as requested by senior managementMaintain regular and predictable attendance and perform other duties as requiredRequirements
Bachelor's degree in Actuarial Science, Math, Finance, Statistics or a related fieldFSA accreditation7+ years of actuarial experience in the life insurance industryTechnical
Advanced ability to investigate, analyze and solve complex problems and issuesAdvanced actuarial technical skills including an ability to develop analytics to detect and explain sources of variation from expectations in terms of key driversAdvanced knowledge of life, health, and annuity productsAdvanced ability to model various insurance products and reinsurance structuresAdvanced knowledge of GAAP, Statutory, and Tax valuation and financial reportingAdvanced PC skills and understanding of actuarial systems - including spreadsheets, databases, and actuarial projection toolsManagement
Advanced project management skills, demonstrating an ability to leverage various resources and tools to reach a common goalAbility to influence large global team to work together in delivering resultsAbility to work well both independently and within a team environmentAbility to simultaneously contribute to multiple projects while meeting deadlinesAdvanced ability to adapt to new methodsAbility to foster a teamwork and customer service focused environmentCommunication
Advanced oral and written communication skills, demonstrating the ability to convey complex ideas in a way that is understandable to all stakeholdersAdvanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including pricing, valuation, investments, accounting and ITPreferred
CERA and MAAA accreditationAdvanced experience with Prophet including the Asset Liability Strategy (ALS) LibraryReinsurance experiencePrior experience with and ability to program in Prophet, VBA and SQLReinsurance industry and product knowledgeIn depth understanding of ALM methodologies, economic capital modeling, and local regulatory frameworksFamiliarity with life insurance company financial statementsWhat you can expect from RGA:
Gain valuable knowledge from and experience with diverse, caring colleagues around the world.Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.Join the bright and creative minds of RGA, and experience vast, endless career potential.
Compensation Range:$132,430.00 - $202,455.00 Annual
Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.
RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.
You're
RGA ready
RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 500 Company and listed among its World's Most Admired Companies, we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.
Position Overview
The Executive Director & Actuary, ALM will contribute to a wide range of enterprise-wide initiatives, including ALM, risk return analysis, economic and required capital, earnings volatility, and short-term financial planning. It involves extensive interaction with other RGA departments and offices to manage ALM risk, optimize the global portfolio, and deliver actionable recommendations. This is an opportunity to learn about the risk management framework and develop knowledge of the wide variety of products and markets in the global portfolio.
Responsibilities
Principal duties and responsibilities include:Provide technical expertise with respect to initiatives including ALM optimization, economic and required capital, scenario analysis, earnings volatility, and financial planningParticipate in various global risk and global project committee meetings by bringing actionable information and recommendations to drive decision makingWork to ensure that all company risks, constraints, and dimensions have been modeled in a reasonable, accurate, and repeatable manner and can support risk return tradeoff analyses, risk management policies, and informed decision making.Aid business segments with respect to validating and managing their ALM data, models, and metricsWork to enhance the Company's ALM projection, optimization, and analysis infrastructureDevelop and execute project plans to meet department goalsContribute to special projects as requested by senior managementMaintain regular and predictable attendance and perform other duties as requiredRequirements
Bachelor's degree in Actuarial Science, Math, Finance, Statistics or a related fieldFSA accreditation7+ years of actuarial experience in the life insurance industryTechnical
Advanced ability to investigate, analyze and solve complex problems and issuesAdvanced actuarial technical skills including an ability to develop analytics to detect and explain sources of variation from expectations in terms of key driversAdvanced knowledge of life, health, and annuity productsAdvanced ability to model various insurance products and reinsurance structuresAdvanced knowledge of GAAP, Statutory, and Tax valuation and financial reportingAdvanced PC skills and understanding of actuarial systems - including spreadsheets, databases, and actuarial projection toolsManagement
Advanced project management skills, demonstrating an ability to leverage various resources and tools to reach a common goalAbility to influence large global team to work together in delivering resultsAbility to work well both independently and within a team environmentAbility to simultaneously contribute to multiple projects while meeting deadlinesAdvanced ability to adapt to new methodsAbility to foster a teamwork and customer service focused environmentCommunication
Advanced oral and written communication skills, demonstrating the ability to convey complex ideas in a way that is understandable to all stakeholdersAdvanced interpersonal skills, demonstrating the ability to work effectively with different disciplines, including pricing, valuation, investments, accounting and ITPreferred
CERA and MAAA accreditationAdvanced experience with Prophet including the Asset Liability Strategy (ALS) LibraryReinsurance experiencePrior experience with and ability to program in Prophet, VBA and SQLReinsurance industry and product knowledgeIn depth understanding of ALM methodologies, economic capital modeling, and local regulatory frameworksFamiliarity with life insurance company financial statementsWhat you can expect from RGA:
Gain valuable knowledge from and experience with diverse, caring colleagues around the world.Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.Join the bright and creative minds of RGA, and experience vast, endless career potential.
Compensation Range:$132,430.00 - $202,455.00 Annual
Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.
RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.